Banks

Egypt’s banking sector provides $2B of importers’ requests within 3 days
Egypt’s banking sector provides $2B of importers’ requests within 3 days
Dollar exchange rate stable at Egypt major banks at end of year
Dollar exchange rate stable at Egypt major banks at end of year
Profits of Egypt's banks reach EGP 30B during Q1 of 2021
Profits of Egypt's banks reach EGP 30B during Q1 of 2021
Egypt's Ministry of International Cooperation secured development financing agreements with a total of $3.1 billion through direct financing to private sector companies as well credit lines to commercial banks for the financing of SMEs.
Egypt secures development funds worth $3.1B for private sector in 2020
Egyptian banks' assets, reserves abroad jump 90% in 7 months
Egyptian banks' assets, reserves abroad jump 90% in 7 months
The US dollar exchange rate retreated versus the Egyptian pound to lose six piasters during transactions at Egypt's banks amid expectations of more decline in the coming period.
Dollar drops versus pound recording LE16.01 for buying at 11 banks
A well-placed banking source said Egyptian banks have reduced interest rate of dollar-dominated savings by 1 percent.
Egyptian banks reduce interest rate of dollar-dominated savings by 1%
The US dollar's performance was mixed during transactions on Monday at Egypt's major banks.
Mixed performance for dollar price at Egypt's major banks
Bloomberg hailed the strong Egyptian banking sector which is backed by a leap in banks' profits.
Bloomberg praises strong Egyptian banking sector which is backed by a leap in banks' profits.
Banks’ financial position in Egypt rises to LE4.3T in 2016/17
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